Bitcoin and Ethereum have experienced substantial monthly gains following Donald Trump’s election win, with market optimism driving these increases. CoinGlass data reveals that Bitcoin surged over 38% in November, making it the second-best monthly performance this year after February’s 44% rise. Ethereum has also experienced a 42% increase, reaching a price of over $3,500.
The potential for both cryptocurrencies to surpass their February milestones is still present, with analysts attributing the gains to Trump’s pro-crypto policies and appointments, which have boosted investor confidence and growth expectations for the US cryptocurrency market.
